Northeast Bank (NBN) Scheduled to Post Quarterly Earnings on Tuesday

Northeast Bank (NASDAQ:NBN) will issue its quarterly earnings data after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $1.72 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Northeast Bank (NASDAQ:NBN) last announced its earnings results on Tuesday, January 30th. The financial services provider reported $1.85 EPS for the quarter, topping the consensus estimate of $1.72 by $0.13. The business had revenue of $38.47 million during the quarter, compared to analyst estimates of $36.98 million.

Northeast Bank Stock Performance

NBN stock opened at $52.51 on Friday. The company has a 50 day moving average price of $52.97 and a 200 day moving average price of $52.34. Northeast Bank has a fifty-two week low of $34.20 and a fifty-two week high of $59.00.

Northeast Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 26th. Investors of record on Monday, February 12th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.08%. The ex-dividend date of this dividend was Friday, February 9th. Northeast Bank’s dividend payout ratio (DPR) is presently 0.56%.

Northeast Bank Company Profile

Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans.